Buy XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 2.337000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 2.141700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.354300000
2nd High 2.337900000
Next High 2.337000000
Current Price 2.151500000
Next Low 2.141700000
2nd Low 2.140700000
3rd Low 2.109300000

2.337000000 – 2.175900000 – 2.180100000 – 2.141700000 – 2.140700000 – 2.109300000

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